Is It Finally Time to Buy This Incredibly Cheap Semiconductor Stock?

Applied Materials (NASDAQ: AMAT) has underperformed the broader semiconductor sector over the past six months, dropping more than 18% compared to flat performance for the PHLX Semiconductor Sector index over the same period. The company's latest quarterly results aren't going to help change its fortunes, either.The supplier of chip manufacturing equipment announced results for its fiscal 2025's first quarter (ended Jan. 26) on Feb. 13. Though its revenue and earnings outpaced Wall Street's expectations, the company's tepid guidance sent the stock down 8% the following day. Let's see why that was the case.The restrictions announced by the previous U.S. administration in the past couple of months have hampered Applied Materials' Chinese business. In the words of CEO Gary Dickerson on the latest earnings conference call:Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool